2: Start Saving for an Emergency Fund: Saving is the integral part that is mandatory for every in

This will help you to maintain balance over your cash during any unforeseen situations and hence will secure your future.

Make sure that you save at least 10 percent of your earnings at every payroll period. Allocate small amount of your earnings according to your expenditure to save for your any critical situations or for an emergency.

3: Contribute to Your 401k: 401k plan is a profit sharing plan that allows workers to contribute a portion of their incomes to in

It is a tax advantage account and one of the most critical components that would add more money to your savings.

Contributing a small percentage from your earnings for 401k can help you to get qualified for tax deductions. Thus it is recommended for employees to contribute towards 401 k to make savings for their future.

Read More: SEBI Slaps 1 cr fine on Thakor in SEL Manufacturing Case

Sebi For Re-Issuance Of Existing Securities In Corporate Bond Market